GMS Contents

In a significant move to enhance their cultural and tourism cooperation, Viet Nam and Laos held a series of discussions this week to solidify their partnership. 

Cambodia’s tourism sector earned $3.63 billion in 2024, up 17.8 percent from $3.08 billion a year earlier, according to a report from the Ministry of Tourism (MoT) released on January 31.

Viet Nam is set to begin construction of a new 417-kilometer railway line connecting the northern port city of Haiphong to Kunming, People’s Republic of China (PRC), via Hanoi and Lao Cai Province. The initiative, with an estimated investment of about US$11 billion, aims to bolster trade and tourism between the two countries by enhancing connectivity and facilitating smoother transportation of goods and people.

The fifth Lao-Thai Friendship Bridge spanning the Mekong River, connecting Borikhamxay province in Lao PDR with Bueng Kan province in Thailand, is now 96% complete. Its official opening is being planned for May 2025, coinciding with the 75th anniversary of diplomatic relations between the two countries. The new bridge will facilitate easier travel and trade between the two countries, as well as strengthen connections within the Greater Mekong Subregion, particularly benefiting businesses engaged in trade between Thailand and Viet Nam.

On 9 January, Laos and Viet Nam officially launched a cross-currency transaction service, connecting their cross-border retail payment systems via QR codes.

Great efforts have been made by the general border inspection station in Guangxi to promote the high-quality development of Guangxi and maintain border security and stability in 2024, officials announced during the Jan 8 press conference.

The Tourism Authority of Thailand (TAT) has targeted four niche markets for next year: wellness, luxury experience, sports tourism and honeymoons.